. "This paper deals with two basic transmission mechanisms of monetary policy in the Czech Republic which are derived from trivial paradigms of economic theory: traditional Keynesianism and monetarism. The effectiveness of different transmission channels in the Czech economy are considered via correlation analysis. The correlation analysis of time series is executed, reflecting the development of the most common monetary policy instruments, economic consequences including main objectives of the stabilization policy with respect to the Keynesian and monetarist theories. Specifically, the repo rate of the Czech National Bank, 1M PRIBOR, long-term interest rate, gross domestic product and consumer price index are used in the case of the traditional Keynesian transmission. The transmission of the monetarist approach - except the main targets of the stabilization policy (GDP and CPI) and the repo rate - reflects monetary base and monetary aggregate M2." . "[02E169A6C043]" . "International Advances in Economic Research" . . "Correlation analysis, Czech Republic, keynesianism, monetary policy, monetarism, transmission mechanism."@en . . "18" . . "This paper deals with two basic transmission mechanisms of monetary policy in the Czech Republic which are derived from trivial paradigms of economic theory: traditional Keynesianism and monetarism. The effectiveness of different transmission channels in the Czech economy are considered via correlation analysis. The correlation analysis of time series is executed, reflecting the development of the most common monetary policy instruments, economic consequences including main objectives of the stabilization policy with respect to the Keynesian and monetarist theories. Specifically, the repo rate of the Czech National Bank, 1M PRIBOR, long-term interest rate, gross domestic product and consumer price index are used in the case of the traditional Keynesian transmission. The transmission of the monetarist approach - except the main targets of the stabilization policy (GDP and CPI) and the repo rate - reflects monetary base and monetary aggregate M2."@en . "41110" . . "S" . "Burian, Stanislav" . "1083-0898" . "124534" . . "Br\u010D\u00E1k, Josef" . "2"^^ . . "1" . "RIV/60460709:41110/12:54323!RIV13-MSM-41110___" . . . . . "RIV/60460709:41110/12:54323" . "2"^^ . . "The Basic Transmission Mechanisms of Monetary Policy in the Czech Republic" . "NL - Nizozemsko" . . "The Basic Transmission Mechanisms of Monetary Policy in the Czech Republic"@en . . "2"^^ . "The Basic Transmission Mechanisms of Monetary Policy in the Czech Republic" . . . . "The Basic Transmission Mechanisms of Monetary Policy in the Czech Republic"@en . . "0" . .